Tableau Securities Litigation
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Welcome to the Tableau Securities Litigation Website

This website has been established to provide general information related to the Tableau Securities Litigation.

This is a securities class action alleging violations of the Securities Exchange Act of 1934 brought against Tableau Software, Inc. ("Tableau"), and certain of Tableau’s then-officers and/or directors during the Class Period (defined below). The case is presently pending before the United States District Court for the Southern District of New York (the “Court”) and is captioned Scheufele, et al. v. Tableau Software, Inc., et al., Civil Action No. 17-CV-05753-JGK (the “Litigation”).

On October 18, 2017, the Court appointed The Plumbers and Pipefitters National Pension Fund (“Plaintiff”) as Lead Plaintiff pursuant to the requirements of the Private Securities Litigation Reform Act of 1995.

On January 16, 2020, the Court certified the Class, appointed Plaintiff as Class Representative for the Class and appointed Robbins Geller Rudman & Dowd LLP as “Class Counsel.” The Class is defined as:

All persons and entities that purchased or otherwise acquired shares of Tableau Class A common stock between February 5, 2015 and February 4, 2016, inclusive (the "Class Period"), and were damaged thereby. Excluded from the Class are Defendants, present or former executive officers of Tableau, and their immediate family members (as defined in 17 C.F.R. §229.404, Instructions (1)(a)(iii) and 1(b)(ii)).

By certifying the Class, the Court did not suggest that Plaintiff will win or lose this case. Plaintiff will attempt to prove its claims in proceedings that have not yet occurred.

If you or someone acting on your behalf purchased or otherwise acquired Tableau Class A common stock during the Class Period, you may be a “Class Member” entitled to participate in any benefits that may eventually be obtained for the Class as a result of this Litigation.

Background and Description of the Litigation

This Litigation is a securities class action alleging violations of the Securities Exchange Act of 1934 brought against Tableau and certain of Tableau’s then-officers and/or directors during the Class Period. The case is presently pending before United States District Judge John G. Koeltl.

The Court has not determined that Defendants did anything wrong and this Website is not an admission by Defendants or an expression of any opinion of the Court concerning the merits of the Litigation, or a finding by the Court that the claims asserted by the Plaintiff in this Litigation are valid.

Tableau designs, develops, and sells business intelligence and analytics software. Throughout the Class Period, Tableau Class A common stock traded on the New York Stock Exchange under the symbol “DATA.” Plaintiff alleges that Defendants violated the Securities Exchange Act of 1934 by knowingly or recklessly making materially false statements and omissions to the public during the Class Period regarding threats from competitors and the nature of the Company’s competitive landscape while selling personally held Tableau stock. Plaintiff further alleges that the Company’s stock price declined and members of the Class suffered damages when the true facts concerning Defendants’ alleged misrepresentations and omissions were revealed. Plaintiff seeks to recover money damages for members of the Class.

Defendants deny Plaintiff’s allegations that they knowingly, or otherwise, made any material misstatements or omissions and assert they have valid defenses to each of Plaintiff’s claims. Defendants also deny that the prices of Tableau Class A common stock were artificially inflated by reason of the alleged misrepresentations, omissions, or otherwise, during the Class Period, or that the conduct alleged caused any losses allegedly experienced by, or otherwise harmed, any member of the Class. Defendants filed answers to Plaintiff’s operative complaint denying the allegations and asserting multiple defenses. Litigation is ongoing. No trial date has yet been set by the Court.

Additional Information

Although the information on this website is intended to assist you, it does not replace the information contained in the Notice of Pendency of Class Action which can be found and downloaded on the Case Documents page of this website. We recommend that you read the Notice and other relevant case documents carefully. You may also wish to read the answers to Frequently Asked Questions provided on this website. If you have not received a notice and would like to confirm that you are on the mailing list for further notice mailings in this matter, please contact the Notice Administrator and request that a notice be sent to you at your current mailing address.

Important Dates and Deadlines

Request Exclusion July 21, 2020